Page 5

4 DEPOSIT EMPLOYEE deferrals in a timely manner. This seems to be a no brainer, yet it is the most violated rule discovered in Department of Labor audits. Participant contributions must be deposited in the plan as soon as possible, but no later than the 15th business day of the month following the payday. If you have fewer than 100 participants, you have an even shorter time horizon.

Issue Date: 03.27.2018 Ad proof #5

• Please respond by e-mail or fax with your approval or minor revisions. • AD WILL RUN AS IS unless approval or final revisions are received by the close of business today. • Additional revisions must be requested and may be subject to production fees.

5 KNOWLEDGE IS POWER and the backbone of confidence. Your employees will have questions, so Bill suggests you choose a plan provider that will take the time and steps necessary to educate your team about the plan details, investment options and general retirement savings principals. Sending out the required notices meets the legal obligation, but when your provider takes the time to meet with your employees and discuss their personal investments, you achieve superhero status.

Carefully check this ad for: CORRECT ADDRESS • CORRECT PHONE NUMBER • ANY TYPOS This ad design © Louisiana Business, Inc. 2018. All rights reserved. Phone 225-928-1700 • Fax 225-926-1329

Offering your team a solid retirement program is a given for employers today.

Are you confident in yours? Our 401(k)onfidence System™ walks you through the steps to make sure you and your employees have the right plan, with the right support, with the right mix of investments, and all at the right price. Now THAT’s confidence.

The Horizon Retirement Plan Consulting Team, (L to R): Rachel Stewart, Andy Bush, AIF®, CRPS®, Bill Bush, CRPS®, and Cindy Deville

HorizonFG.com | 225.612.3820 8280 YMCA Plaza Drive, Bldg. 5 Baton Rouge, LA 70810 Securities and advisory services offered through Cetera Advisors LLC, member FINRA/SIPC. Cetera is under separate ownership from any other named entity.

Daily-Report.com | BUSINESS REPORT, March 27, 2018

55

2018 Money on Your Mind  

What steps can Millennials take to ensure they create a healthy financial legacy? How can your company be a 401(k) hero for its employees? A...

2018 Money on Your Mind  

What steps can Millennials take to ensure they create a healthy financial legacy? How can your company be a 401(k) hero for its employees? A...